Estimated reading time: 0 minutes, 20 seconds

FINRA to Refile Recruitment Bonus Disclosure Rule

Friday, Jun 27 2014
Regulatory & Compliance
Written by  PFA News

The Financial Industry Regulatory Authority has pulled the plug on a proposal that would require brokers to disclose recruitment bonuses. So reports Reuters.

But, the regulator expects to refile the rule for consideration later this year FINRA received 184 comment letters on the matter and didn’t believe it could address the communications within the required timeframe specified by the Securities and Exchange Commission.

Read the full article from Reuters.

Read 6653 times
Rate this item
(0 votes)
More in this category: « SEC Scrutinizing DoL Proposed Fiduciary Rule Regulator Calls for Bond Market Reform »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline